Banking market integration in the Asia Pacific has greatly accelerated in recent years, in an environment of many other rapid advances in banking and finance. This has increased competition between domestic and foreign banks, and made the measurement of bank efficiency, competition, and liquidity creation a critical issue for both policy makers and bank managers. This book investigates important policy-related issues in Asia Pacific banking. It analyses the link between competition and stability, examining the cases of fourteen Asia Pacific countries between 2003 and 2010, and goes on to discuss whether bank shareholder value is influenced by cost and profit efficiency changes over time. The authors explore the different ways in which banks in Asia-Pacific create liquidity, and whether this is linked to capital generation. This book provides valuable insight for researchers, policy makers and bank managers with an interest in financial rationalization, restructuring and consolidation.
Inhoudsopgave
Contents Preface List Of Tables List Of Figures 1. Introduction 2. Development Of The Asia Pacific Banking System 2.1 The Period Before 1997 2.2 The Period Between 1997 And 1999 2.3 Implemented Reforms In The Aftermath Of The Asian Financial Crisis 2.4 The Period Between 2000 And 2006 2.5 The Period Between 2007 And 2010 2.6 Implemented Changes In The Aftermath Of The Global Financial Crisis 3. Bank Competition And Financial Stability In Asia Pacific 3.1 Introduction 3.2 Literature Review 3.3 Methodology 3.3.1 Bank Risk 3.3.2 Concentration And Competition 3.3.3 Control Variables 3.4 Data 3.5 Empirical Results 3.6 Conclusions 4. Bank Efficiency And Shareholder Value In Asia Pacific 4.1 Introduction 4.2 Literature Review 4.3 Methodology 4.3.1 Shareholder Value 4.3.2 Efficiency Change 4.3.3 Control Variables 4.4 Data 4.5 Empirical Results 4.6 Conclusions 5. Bank Liquidity Creation And Regulatory Capital In Asia Pacific 5.1 Introduction 5.2 Literature Review 5.3 Methodology 5.3.1 Liquidity Creation 5.3.2 Regulatory Capital Ratio 5.3.3 Control Variables Affecting Liquidity Creation 5.3.4 Control Variable Affecting Regulatory Capital 5.4 Data 5.5 Empirical Results 5.5.1 Main Results 5.5.2 The Relationship Between Liquidity Creation And Regulatory Capital For Large And Small Banks 5.5.3 The Relationship Between Liquidity Creation And Regulatory Capital By Region 5.5.4 Robustness Checks 5.6 Conclusions 6. Conclusions References
Over de auteur
Author Philip Molyneux: Professor Philip Molyneux is Dean of the College of Business, Law, Education and Social Science, and Professor of Banking and Finance at Bangor University, UK. His mian area of research is on structure and efficiency of banking markets and he has published widely in this area. He has also published a variety of texts on banking areas and acted as a consultant to: New York Federal Reserve Bank, the World Bank, the European Commission, the UK Treasury, Citibank Private Bank, Barclays Wealth, Mc Kinsey & co, Credit Suisse and various other international banks and consulting firms.